In one embodiment, a financial account management application stored on a processor-based device may provide an interface for defining financial transaction rules to be applied to a subsidiary account.

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Her own Cleveland High School helped out by setting up an account for the school's management of financial donations -- for disc purchases, packing supplies, and shipping costs.

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He honed his skills in financial marketing at Merrill Lynch, where he was part of the team that developed the Cash Management Account.

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"Seventy percent of the profits related to these annuity programs come from the fixed account, " says Edward Siedle, who runs Benchmark Financial Services and investigates money-management abuses.

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The boom in derivatives was one of those moments when financial engineering raced ahead of back offices and risk-management departments, leaving them struggling to value or account for their holdings.

ECONOMIST: Securitisation